Venezuela PdVSA Sees 2011 Rev Up 31%, Profit Rises 43% Τρι, 17 Απριλίου 2012 - 18:03 Venezuelan state oil monopoly PdVSA recorded revenue of $124.8B in 2011, up 31% from previous year, company reports in audited full-year results.
Shah Deniz 2 Gas Project Starts Officially Τρι, 17 Απριλίου 2012 - 15:44 The consortium developing Azerbaijan's giant Shah Deniz gas field has announced the start of Front End Engineering and Design for the second stage of the project.
Tanap Gas Line Agreements Likely to be Delayed Τρι, 17 Απριλίου 2012 - 13:43 It could take longer than expected for Turkey and Azerbaijan to agree on the proposed Trans-Anatolian Pipeline (Tanap). “The mutual intention is to sign the agreements [related to Tanap] in the following months,” an official from the Turkish energy ministry told Argus. The official could not provide a more precise deadline.
French Energy Min: Banks To Transfer Cash To Petroplus Refinery Παρ, 13 Απριλίου 2012 - 14:56 French Energy Minister Eric Besson Friday said banks had agreed with insolvent Swiss-based refiner Petroplus Holdings AG (PPHN.EB) to transfer cash and fuel to the company's refinery in France and its workers.
Gazprom Benefit In Russia Tax Proposal -Citi Παρ, 13 Απριλίου 2012 - 14:55 Gazprom (GAZP.RS) could benefit in the near term from proposed tax breaks for Russian offshore projects says Citi.
Eni Confirms Pipeline Attack In Nigeria Clough Creek Area Παρ, 13 Απριλίου 2012 - 14:55 Italian energy giant Eni SpA (E) Friday said a pipeline has been attacked in the Clough Creek area of Nigeria's Delta region.
China Southern Power Grid May See 13 GW Shortage This Year Παρ, 13 Απριλίου 2012 - 14:55 China Southern Power Grid Co., a state-run power transmission and distribution company, could see a power shortage of 13 gigawatts this year due to potential drought and coal supply issues, the State-owned Assets Supervision and Administration Commission said Friday.
Bulgaria's Only Natural Gas Storage Facility in Chiren Will be Expanded to Reach its Maximum Capacity Παρ, 13 Απριλίου 2012 - 11:09 Bulgaria's only natural gas storage facility in Chiren will be expanded to reach its maximum capacity, announced Kiril Temelkov, head of the state-owned company Bulgartransgaz.
BrightSource Cancels IPO Πεμ, 12 Απριλίου 2012 - 18:58 California solar-power developer BrightSource Energy Inc. said late Wednesday it was withdrawing its initial public offering that was originally scheduled to take place later this week, citing poor market conditions.
Venezuela's March Oil Output Slipped -IEA Πεμ, 12 Απριλίου 2012 - 18:58 Venezuelan oil production fell slightly to 2.44M barrels/day in March from February's 2.46M, the IEA says in its monthly report. That as the agency expects the OPEC nation's production capacity to rest at 2.53M both this quarter and 3Q.
DryShips Unveils Bigger Sized Sale Of Ocean Rig Shares Πεμ, 12 Απριλίου 2012 - 18:58 DryShips Inc. (DRYS) unveiled a bigger-sized sale of its stake in Ocean Rig UDW Inc. (ORIG) as the dry bulk shipper pares its stake in the offshore drilling services provider by about 10%.
Shell Says No Signs Of Leak In Its US Gulf Operations Πεμ, 12 Απριλίου 2012 - 18:57 Royal Dutch Shell PLC (RDSA, RDSA.LN) said that an oil sheen floating in the central U.S. Gulf of Mexico didn't stem from two nearby oil and gas platforms owned by the oil giant, and that the amount of oil in the sheen was small.
Moncada Energy Group Plans to Launch a 16 MW Photovoltaic Power Plant in Bulgaria Πεμ, 12 Απριλίου 2012 - 14:18 Italian developer of wind, solar and biomass energy projects Moncada Energy Group said it plans to launch by June a 16 MW photovoltaic power plant in Bulgaria, SeeNews reported April 11.
14 Investors Qualified for the Next Phase of the Privitisation of DEPA Τετ, 11 Απριλίου 2012 - 18:41 The Hellenic Republic Asset Development Fund, announces that the evaluation of the seventeen (17) Expressions of Interest that were timely submitted for the privatization of DEPA Group has been completed according to the terms of the tender document.
China To Start Building Third West-East Natural Gas Pipeline This Year Τετ, 11 Απριλίου 2012 - 18:15 China will start building its third West-East natural gas pipeline this year, the state-controlled Xinhua news agency reported Wednesday, citing officials from China's largest oil and gas producer.
Iran's Press TV: Iran Halts Oil Sales To Germany Τετ, 11 Απριλίου 2012 - 18:14 Iran has halted oil exports to Germany, state broadcaster Press TV reported Wednesday on its website, a day after a similar action against Spain.